This research studies the effect of Covid-19 on the operations and performance of the insurance companies generally and the medical insurance specifically around the world, focusing on the behavior of pandemic and its impact on the Egyptian insurance market. The data sets were collected from the daily published reports issued by the Egyptian Ministry of Health. Different statistical distributions are examined to explain the characteristics of Covid-19 to provide better understanding of the effect of the pandemic on the operations of the insurance companies. The experiences that are witnessed in different regions helped in formulating the outline of post pandemic strategy to the Egyptian insurance companies. Hence, in this paper a set of post pandemic policies are introduced to the Egyptian insurance companies. Adopting this post pandemic strategy and studying the implementation of these guidelines on the operations and revenues of the insurance companies would be recommended for a quick recovery in the future.